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M1
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bigcat
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27-Sep-2018 19:46
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Is Axiata cash-rich enough to eat up whole of M1? Their country is broke, will be tough to table a decent bid | ||||
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BillionX
Senior |
27-Sep-2018 19:13
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Will be very expensive ploy! The real test is whether the 50% will be reached for the offer to go unconditional? | ||||
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gopguppy
Veteran |
27-Sep-2018 18:33
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Totally agree with you. The initial CNA report is KC and SPH are divesting M1 becos it is non core. Now they want to buy which is a smoke screen. Smart and cunning move by SPH/KC. It' s buy cheap (not their real intention) or sell at higher price to Axiata. (REAL intention). Also, the whole thing about 4th Telco,(TPG) is super over blown. It will take 2 years for TPG to be an effective competitor. Even then any new initiative by TPG will ALMOST IMMEDIATELY be countered by the three musketeers (Singtel, Starhub, M1). It is really a small and a difficult market for TPG.  
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ryanon123
Member |
27-Sep-2018 17:45
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just a ploy by sph and keppel. im surprised they want m1, i thought they always wanted to sell it off as non core business. purposely offer low, send axiata an ultimatum. dont counter offer i will eat cheap cheap. offer i sell to you. maybe my guess. its win win situation for sph/keppel. now the ball is at axiata court. whats their next move. most likely a counter offer. they played a good game but 2.06 is obviously toooo low. | ||||
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guards80
Supreme |
27-Sep-2018 17:40
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Tmr chiong up liaoz lift halt liaoz | ||||
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BillionX
Senior |
27-Sep-2018 17:16
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How likely will M1 be delisted if Keppel Konnectivity (Offeror)is successful in acquiring the shares held byKTT , SPH and Axiata??? | ||||
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cann777
Member |
27-Sep-2018 17:09
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i dont really see it that way, ultimately keppel/sph needs axiata to nod their head.... LPPL now for them. > 90% then becomes mandatory
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KAMAL0883
Supreme |
27-Sep-2018 15:35
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Axiate can counter offer if they are still interested but with dark future ahead i think quite difficult to get a better price liao  ![]()
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KAMAL0883
Supreme |
27-Sep-2018 15:32
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they don' t intend to let go their holdings and denise others to takeover at higher price and wait till market sentiment  go bad then offer a much lower price.... not too sure whether this breash the law of fare business competition . any brothers here who are Business Law expert can please enlighten ?
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cann777
Member |
27-Sep-2018 15:24
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now is hoping they will revise up the offer price, lets wait for official statement from axiata...
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KAMAL0883
Supreme |
27-Sep-2018 15:23
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where got better..... if you bot in around 2.08 to 2.20 earlier ? if you don' t accept their offer once they control 90% or more and force to delist from SGX by then you will become perm sharesholder liao..... ![]()  
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KAMAL0883
Supreme |
27-Sep-2018 15:18
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Yupppppp such a big firm like KC and SPH take small investors' advantage 
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Qanghoo
Supreme |
27-Sep-2018 15:14
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Whatever it is, still better .... Anyway, begs to qn where' s the minorities activist?
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cann777
Member |
27-Sep-2018 15:14
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cunning right???
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KAMAL0883
Supreme |
27-Sep-2018 15:06
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M1 price at 2.20+ time never offer cos need to pay 2.45 to 2.50++.... thereafter M1 mkt price " being pressed down to 1.60 " then suddenly an offer of 2.06. " 2.06 looks quite attractive compare to last trade price " but obviously this is JIA LANG KOW KOW !!! KNNNNNNN |
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Qanghoo
Supreme |
27-Sep-2018 14:51
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Look at KT& T.  Offer px nearly 40% above last traded px ....  So, looks like  the zheng hu coy still has better thought for minorities
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NewBirdLeaning
Senior |
27-Sep-2018 14:43
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https://www.reuters.com/article/us-m1-m-a-keppel-sph-axiata-exclusive/exclusive-axiata-likely-to-reject-offer-from-keppel-and-sph-for-m1-source-idUSKCN1M70BD Lets see! Counter offer from Axiata? |
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Qanghoo
Supreme |
27-Sep-2018 14:37
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Here no activists one lah.  Look at Vard n Wheelock.  All majorities win only ... Every time, small fries just kena squeezed until die ....
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cann777
Member |
27-Sep-2018 13:48
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there wasnt any announcement of a firm offer, all is just speculations... 
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danger
Supreme |
27-Sep-2018 13:33
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was there ever a 3rd party last time , who was willing to buy M1 at the price then ? M1 was trading about $2.0x too previously and got speculated about the potential sale to around $2.20 before crash down when there is no willing buyer ..  Mean above $2 is a hard sell already | ||||
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